WASHINGTON (AP) — President Barack Obama says the U.S. must shift cars and trucks off oil for good so the public can avoid spikes in gasoline prices.
In his weekly radio and Internet address, Obama promotes a plan to direct $200 million a year into an energy security trust to fund research for alternatives like electric car batteries and biofuels. He says the trust would use revenues from federal leases on offshore drilling without adding to the deficit.
Obama says investing in clean energy will help create jobs. He's envisioning cars that can one day go coast to coast without using any oil.
In the Republican address, House Budget Committee Chairman Paul Ryan of Wisconsin says Republicans have a plan to balance the federal budget in 10 years by cutting spending.
Obama address: www.whitehouse.gov
GOP address: www.youtube.com/HouseConference
You won't believe what Pres. Obama just said in Paris on 'mass shootings'
Peter Morici - 2015 Paris Climate Conference: Another Bad Deal for America
The Conservative Case For Ted Cruz
Obama in Paris: Mass shootings just don’t happen outside the United States
Why Aren't There as Many Attacks on Abortion Clinics Overseas? | RedState
Gun Control Group Calls For Obama To Declare "State of Emergency," Ban Guns - Bearing Arms - Anti-Gun Hysteria, Elliot Fineman, NGVAC
Importing Terrorism and Other American Values | Human Events